Monday & Tuesday – Working at the office that overlooks the Bay area while updating the guides in the Governance Route Master (GRM). Finally, I got hold of the software which creates the entire web platform and slowly trying to understand the complicated codes and tabs.
Wednesday – Meeting with a director of a venture company which manages several social enterprises in Middlesbrough. By listening to the ongoing conversations, an innovative idea called social licenses caught my attention. The idea can be easily illustrated with a diagram:

As you can see, between the social enterprise and an individual entrepreneur, there exists what we call a social license or a mutual agreement. In layman terms, the social enterprise offers resources (which can be in forms of tools, equipments or even workspaces) purchased from its own funding or grants to individual entrepreneur that seeks to open or expand their own business. In exchange, the entrepreneur would commit himself/herself to an agreed means of contribution to the community. Such contribution often is aligned with the social objectives of the social enterprise.
Through such licensing agreement, both the social enterprise and the entrepreneur would benefit. Imagine a social enterprise that forms ten social licenses with ten different entrepreneurs, more community contributions can now be made and the social objectives that the social enterprise is founded on would be more effective achieved and thus, increases their chance of obtaining grants or loans from third parties, e.g. governments. Entrepreneurs benefit from the lowered start up cost and at the same time can increase their ties with the local community, driving more potential customers to their business.
Thursday – Headed down to Sheffield where a regional consultation with the Conservative party on the voluntary action in the 21st century. I was very pleased to see that political parties in the UK have actually taken the third sector (i.e. non-business, non-governmental organisations) very seriously and tried to formulate more third sector-friendly government policies which mainly aim at reducing bureaucracies but at the same time maintaining the accountability towards its people. Due to the lack of understanding of the nature of work the third sector has committed itself, the economic value of the sector is often not emphasized. Furthermore, the diversity within the sector sometimes makes obtaining funding for individual organisations more difficult and selection criteria are often not as dynamic so as to reflect the reality.
Here is a thought-provoking quote from Cliff in a question he asked from the floor:
We (the third sector) did not create the financial crises, it was the bloody bankers. But why are we responsible for taking care of the mess with highly limited resources?
A summary of the consultation paper is typed out in this Google Docs document.
Friday – The stakeholder analysis in the GRM is finally up and running in the web platform except several minor tweaks to work on.
That’s about it for this week …